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20121208
20121208
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takeover. the back and forth fiscal cliff on capitol hill has sounded more like a washington stage production of war of the world's. the myan calendar may have been correct after all. right on time, congressional republicans are crafting a doomsday scenario for the fiscal cliff. it would allow a vote on extending only the bush middle class tax cuts and nothing elseings, effectively slamming the ball into the president's court for a new year's showdown on the debt ceiling. no compromise on extending unemployment or altering the tax code for those loopholes or raising fed reral revenues. politicians are allowed to thrive off of our democratic life blood. what is missing in light of this january 1st manufactured deadline? any talk of the very real physical foibles in our country. we have chosen to ignore the ways policies have created a governor for and by the entity. when republicans or democrats asked for top earners to pay their fair share, both sides are still ignoring it sources of the fiscal crisis. when so many americans do not make a living wage, the economy cannot recover nor
was on the way has taken such an ugly, tragic turn. matthew chance, cnn, london. >>> two o the fiscal cliff now. the end of the bush era tax breaks. so, where are the negotiations in washington? well, they're at a standstill. now, house speaker john boehner is putting all the blame on president obama. he's upset that the white house quickly rejected boehner's plan. >> there are a lot of things that are possible to put the revenue that the president seeks on the table. none of it is going to be possible. the president insists on his position. insists on my way or the highway. >> president obama is asking congress for more than $60 billion for states affected by superstorm sandy. officials from states hardest hit say the money is just a start. with the fiscal cliff looming the staff is sure to face some resistance on capitol hill. >>> he spoke at this year's democratic national convention as an independent, but now former republican florida governor charlie crist is a proud democrat. crist posted a twitter photo friday showing his registration papers tweeting that he's proud and honored to join t
economists. my next guest is concerned that we are going over the fiscal cliff. he ys, president obama seeminglyis intent onpressing his post-election advantage to win tax increases on the wlthy and to eliminate the houses debt ceiling leveraged. joining us now from washington d.c., peter wallace, former reagan white house counsel, form member of thefinancial crisis inquiry commission. a senior fellow at the american enterprise institute. good to have you here. you believe they're going over the cliff. >> i think their is a re danger of this. one can see a path for obaaa that does not look so terrible if we do go over the cliff. all of the taxes go up, but the democrats have an opportunity to introduce legislation to reduce the taxes for 98 percent of the people leaving the wealthier people, i guess you could call them wealthy, the top two percentage to stay at the high rates. it is possible to do this. lou: it is possible, but i have to ask you, urely the republicans have to understand and had to understand six months ago what what transpired in this lame dk sessi of conress? what thi
, fiscal cliff, i know, i know, you've heard it. you've heard enough of it, but after another week without progress in washington, the possibility of plunging off the ejd is edge is becoming more of a reality and that could mean real changes for real people. stephanie rule joins me live now to talk a little bit about this. good morning, stephanie, how are you? >> good morning, randi. i was just saying moments ago that i am very concerned about the fiscal cliff but tearing up over besse cooper and the 8-year-old twins from oklahoma. what a morning you're having. >> what a life she had. >> amazing. >> well, let's talk about the cliff now that your eyes are dry. i hope this doesn't bring you to tears -- >> not yet. >> 24 days and counting until that deadline. but for the average american, what will it look like if we go off the cliff? will it be better for anyone? this is a very stressful time. you know, people talk about the cliff like it's this major event, which it is, but almost like a y2k. what are things going to look like january 2nd? from a paycheck perspective, you'll see less money
. >>> meanwhile, back in washington, with just over three weeks left to make a deal on the fiscal cliff, both sides out with new statents today. and on the surface, they still sound far apart. president obama this morning saying he's going to insist on raising taxes on the wealthiest americans no matter what. >> if we're serious about reducing our deficit while still investing in things like education and research that are important to growing our economy, and if we're serious about protecting middle-class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >> meanwhile, on the other side of the aisle, republican senator marco rubio gave the weekly republican address today. part of his message? the tax rate should not go up on anyone including the top 2%. >> we must reform our complicated, uncertain, job-killing tax code by getting rid of unjustified loopholes. but our goal should be to generate new revenue by creating new taxpayers, not new taxes. >> joining me, author of "the escape artists: how obama's
couples. that follows the legalization of marijuana in colorado and washington and a fiscal cliff battle up to the majority of americans calling for higher taxes on the rich. joining me now for strategy talk, karen finney, msnbc political analyst and former dnc communications director and chip saltsman, republican strategist and former manager of mike huckabee's presidential campaign. welcome. you look resplend end in purple, karen. are we experiencing a liberalization of america? if so what is the catalyst? >> if you take a look at both the issue landscape and the exit polling from the most recent election, i think it gives you kind of a road map as to what's going on here. i mean, we are a more diverse country. we have more diverse backgrounds and interests. we did see sort of the issue landscape with regard to the exit polling showing that people's opinions are changing on a lot of these issues. look at the millennial generation. they are far more tolerant generation, far more diverse generation. i think what this reflects is those same kind of demographic shifts that we saw manifest
hanger. >> it comes to the fiscal cliff that's threatening our economy and threatening jobs, and the white house has wasted another week. >> ainsley: why speaker john boehner says the president's my way or the highway approach is getting us nowhere. >> clayton: and washington state got high, but how the anti-drug program says it won't dare teach our middle schoolers about marijuana, it's not age appropriate. do they have a point? we report, you decide. >> eric: and super storm sandy couldn't wipe away his home, but something else did. >> she said are you sure your house is gone. miss, you misplace a pen or pencil, you don't misplace a house. >> clayton: vanished, that man will tell us how that house just vanished. "fox & friends" hour four starts right now. ♪ . [rooster crowing] >> welcome into "fox & friends" on this saturday morning, thanks so much for waking up with us. this is ainsley. >> ainsley: hi. >> clayton: in for ali and eric for dave and i'm the only one on the regular crew. >> ainsley: where did they go, to christmas parties and couldn't make it in? you never
Search Results 0 to 6 of about 7